GODREJCP trade ideas
Godrej CP Broke out from Ascending Triangle and Channel Price has broke out and gave nice big volume candle with bullish momentum candle body MA is supporting the price
wait for the retest to take a trade
1 target will be 806
2nd will be 824.55
Please share your views too
#GodrejCPNSE:GODREJCP has given a fresh breakout today. We might see good upside momentum in coming days
Godrej Consumer Products- Multiple BreakoutsStock has confirmed an inverse Head & Shoulder Pattern breakout.
Stock has also broken a long term trend line at the same point.
First resistance is around 850 levels post that previous all time high.
Inverse Head & Shoulder can take the stock to 1000+ levels in few months to an year.
Fundamentals are pretty strong on various parameters like earning, pedigree, growth & FMCG business.
head and shoulders, wait for breakoutWait for break out of head and shoulders pattern for 900
educational purposes only.
Godrejcp - Intraday Trade SetupGodrejcp CMP - 727.25
Looking bullish in higher time frame. One can go for Intraday Trade setup with the following entry, exit & targets
Buy at or Above 729 / Stop Loss 722
Target 1 - 733
Target 2 - 737
Target 3 – 740
Disclaimer: This is my view and for educational purpose only.
GODREDGE CP can breakout from Inverted H/S patternGODREDGE CP can breakout from Inverted H/S pattern, its in uptrend on 30min time frame too
GODREJCP - On crucial supportGODREJCP is sitting on a trend line support.
With nearly 72% delivery percentage on 9th December, I think accumulation is done and it is ready to give big upside move.
Rebound Strategy Opportunity in GodrejCPThe stock seems fundamentally good. Got a 10 EMA cross over above 30 EMA a couple of days ago. Price entered the range in between and gave a bullish jump above 10 EMA.
The marked target seems easily achievable. May also hold on further until the 30 EMA breaks the price downwards.
Godrej CP CMP 710.Godrej Consumer - 710. Recently its 20 EMA crossed 50EMA which is bullish sign. went upto a high of 725 and is available at 710. MACD is bullish with little pause in its momentum. RSI taken support. Can be taken with SL of 675 and below for a target of 758, 852, 964. General upbeat in FMCG sector now is another factor making it a lucrative buy. It is for educational purpose. People may consult experts before taking investment decsion.
Long - GODREJCP with Inverted Head and ShoulderHi Investors,
GODREJCP is one of the strongest FMCG stocks. And on top of that, it is giving a strong Inverted head and shoulder pattern. Risk to reward is 3 and price has potential to break above 970.
LONG
========
BUY at current price (718-720)
STRICT STOP LOSS = 647
Short term Target = 970
Long term Target = 1200-1300
I hope you will benefit from this knowledge
-MetaVish
PS: Twitter handler = MetaVish.
Godrej Consumer: Time to Buy: IndiaGodrej Consumer: Time to Buy: India
A Profit & Solutions Strategy
GODREJCPIm not an expert im just sharing my views on GODREJCP for tomorrow
Im not responsible for any profit or loss this is not a recommendation
Godrej goes down for a little timeIt's in support level. We need to go for short position. Target - 682
Stop Loss - 687.50
GODREJ CP GODREJ CP MAY GO FURTHER FROM HERE . BUY @ 688/ TARGET 722+ / STOP LOSS 653. ONLY FOR LEARNING PURPOSE
Godrejcp - LongGodrejcp CMP - 669.55
Looking bullish in higher time frame. One can go for Intraday / Swing trade setup with the following entry, exit & targets
Buy at or above 676.50 / Stop Loss 669
Target 1 - 681
Target 2 - 685
Target 3 – 680 / 695
Disclaimer: This is my view and for educational purpose only.
